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Foreclosure Counseling

1.8 million people helped The National Foreclosure Mitigation Counseling (NFMC) program was launched in December 2007 with funds appropriated by Congress to address the nationwide foreclosure crisis by dramatically increasing the availability of housing counseling for families at risk of foreclosure.

NeighborWorks America distributes funds to competitively selected grantee organizations, which in turn provide the counseling services, either directly or through sub-grantees.

NFMC Program grants also funded foreclosure legal assistance for homeowners and the training of foreclosure counselors. More than 1,700 counseling agencies participate in the program.
 

Program Highlights

NFMC Program announces supplemental grant awards for foreclosure counseling
On March 10, NeighborWorks America announced that $1.7 million in recaptured, de-obligated and rolled-over funds from previous grant rounds have been awarded as National Foreclosure Mitigation Counseling (NFMC) Program Supplemental Grants. These new grants provide additional funding to complement ongoing NFMC Program Round 10 activities.

NFMC Program Supplemental Grants have been awarded to four HUD-approved housing counseling intermediaries, three community-based NeighborWorks organizations, and one state housing finance agency to provide counseling to families and individuals.

For more information, visit the Supplemental Grant page.
NFMC serves 2.1 million homeowners
NFMC releases thirteenth congressional report (Sept. 23)

Previous rounds of NFMC funding

Homes & Finances

Contact Us:

Nicole Harmon, vice president
National Foreclosure Mitigation Counseling program
NFMC@nw.org